FIS helped create the market in iron ore futures, working with participants to develop the contract, brokering the first trade in 2008 and consistently enjoying a leading market share. As a result, FIS is well positioned to capitalise on the continued growth is this well-established space.
The market boasted over 2.2 billion metric tonnes of iron ore futures and options in 2021. At FIS we broker trades on both the Platts TSI 62% and Fastmarkets 65%, as well as the new CME Argus China Portside 62% contracts, and offer comprehensive coverage on options. Our iron ore teams in Shanghai, Singapore, Dubai and London offer comprehensive global coverage for all your hedging and trading needs.
Video References: IHS Commodities at Sea Service, FIS